Ray Dalio: If You Mark-To-Market A Lot Of Entities Are In Financial Difficulty
During his recent discussion regarding SVB and what it means for the economy, Ray Dalio explained why if you mark-to-market a lot of entities are in financial difficulty.
If they don’t have a high enough real return they can sell the debt, or their debt that they’re holding, rather than buying that debt, and that creates a terrible imbalance.
If you mark-to-market a lot of entities are in financial difficulty.